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Roundup of Social Lending News – March 3, 2012

by Peter Renton on March 3, 2012

Every Saturday I bring you the latest news from the world of peer to peer lending. These are the best of the news articles and blog posts from around the web that I shared on Twitter this past week.

There is a lot of news and innovation coming out of the UK p2p lending marketplace these days . What Investment discusses what they call a peer to peer bond at Thincats, which isn’t really peer to peer, it is more business to business, but the concept is interesting and could be applied to a p2p lending platform. I also want to point out the Prosper blog post officially announcing their IRA. I covered the launch of the Prosper IRA a few weeks ago but since then Prosper has reduced the minimums – you can now open an IRA there with just $5,000 and pay no fees, which is the same deal as Lending Club. Enjoy your weekend.

Prosper blog - Saving for Retirement? Boost Your Returns with a Prosper IRA!

What Investment (UK) - ThinCats and Innvotec launch peer-to-peer bond

Forbes - Crowdfunding Set to Explode with Passage of Entrepreneur Access to Capital Act (UK) - Nearly half of Zopa loans repaid early – all free of any penalties

PPC Ian - Where I’m Investing In 2012, Lending Club

Nickel Steamroller - Featured Filter: Revolving Credit Balance

The Economist - On the side of the angels


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{ 4 comments… read them below or add one }

Mike March 3, 2012 at 6:14 am

Peter, you may want to correct the date in the blog headline…


Peter Renton March 4, 2012 at 4:40 am

@Mike, Good catch. Thanks for the heads up – it is now changed to the correct date.


Mike March 4, 2012 at 7:33 am

Peter, feel free to delete these posts if you like.


PPC Ian March 11, 2012 at 11:34 pm

You rule! Thanks so much for the link. :-) I’m really excited about my adventure with Lending Club and social lending. I really like your blog and am sure to learn so much here.
All the best,


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